Exceptional redevelopment opportunity in a rapidly appreciating area with strong upside potential.


Property

Website:https://www.nestseekers.com/5311994
Address:
Miami, FL 33155
Ownership: For Sale
Type: Unknown
Bedrooms: 4 BR
Bathrooms: 3
Pets: Pets Allowed

Financials

Price:$874,000
Annual Taxes:$16,983

Description

Exceptional redevelopment opportunity in a rapidly appreciating area with strong upside potential. This is a triple option opportunity. Renovate the current structure which has an in-law quarter, use the current structure & plans to add a second story or rebuild completely. The choices are endless. The true value is this property is set on a sprawling 15,750 SQFT lot which is one of the largest in the entire area. This property delivers the size, scale, and positioning developers seek for a high-end build. A detailed front elevation rendering and thoughtfully designed interior concept images illustrate the vision and finished product of what the current owners had in mind. Opportunities with plans in place, significant lot size, and strong after-build comps are increasingly rare. If you’re searching for your investment or a place to call home in this desirable area, this is one not to miss. Recent comparable sales in the immediate area underscore the substantial profit potential and attractive margins available with this project.

Amenities

  • BedroomOnMainLevel
  • Dishwasher
  • ElectricRange
  • ElectricWaterHeater
  • Fence
  • FirstFloorEntry
  • Garden
  • LivingDiningRoom
  • Other
  • Pool
  • Porch
  • QuarterToHalfAcreLot
  • Refrigerator
  • StreetLights
  • Washer
  • Workshop

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of RE/MAX Advance Realty II